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{
    "id": 803900,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/803900/?format=api",
    "text_counter": 382,
    "type": "speech",
    "speaker_name": "Hon. Cheptumo",
    "speaker_title": "",
    "speaker": {
        "id": 50,
        "legal_name": "William Cheptumo Kipkiror",
        "slug": "william-kipkiror"
    },
    "content": "Thank you, Hon. Temporary Deputy Chairman. I also want to support the Vote for the State Department for Cooperatives. This sector is very important. If you look at the development in our rural areas, most of what is done by the various co-operative societies helps to support development. For example, the teachers’ co-operative supports their development. Even in this House, Bunge SACCO - which Members substantially contribute to - has assisted them. My proposal is to encourage the Chair handling this department that we need to increase the vote for this Department. The allocation of Kshs1.3 billion for a sector which controls a big portion of our economy is minimal. In future, I encourage that we enhance this figure so that those responsible for training and supervising our co-operatives will have enough resources to do so. The State Department for Co-operatives is responsible for ensuring that the regulations, procedures and laws governing the sector are complied with. Today, there are various co- operatives that have collapsed because the officials of those SACCOS have enriched themselves and denied the membership the benefit of their contributions. The whole sector should be addressed so that there are penalties for those committing those illegal actions and the members of those SACCOS should benefit from their contributions. My appeal is that in future, we should enhance the allocation to this sector because it plays an important role in our economy, in addition to the banking sector."
}